mortgage protection insurance

Do I Need Mortgage Protection Insurance?

If you have taken out a mortgage recently, you will probably have been pitched mortgage protection insurance. There are a number of different forms that…

forced placed insurance homeowners

Sketchy force-placed insurance cause HSBC to have to pay homeowners back

Property owners in Massachusetts who were sold this coverage through dubious practices will receive $2.7 million. HSBC, a national mortgage lender and servicer, has now…

AIG Insurance company CEO - Building in Manhattan

New mortgage insurance unit spin-off is added to AIG’s current goals

American International Group has made the decision to look into a spin-off of that branch of its business. American International Group (AIG) is now in…

Luxury home mortgage insurance

Luxury home mortgage insurance is being offered by fewer players

The CMHC has announced that it will no longer be offering coverage for these high end properties. Among the recent cuts that the Canada Mortgage…

life insurance industry canada

Mortgage insurance no longer offered to condo developers by CMHC

The Canada Mortgage and Housing Corp. has announced that this coverage will no longer be available. A recent statement from the Canada Mortgage and Housing…

mortgage insurance canada

Mortgage insurance market moves toward private sector away from CMHC

The Canadian Mortgage and Housing Corp. appears to be losing its grasp on this space. For many years, the Canada Mortgage and Housing Corporation (CMHC),…